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CareTrust CTRE Amortization of lease incentive

Amortization of lease incentive at other companies

JBG SMITH Properties logo
JBG SMITH PropertiesJBGS
$451K-85.3%
JBG SMITH Properties logo
JBG SMITH PropertiesJBGS
$451K-85.3%
Urban Edge Properties logo
Urban Edge PropertiesUE
$106K+9.3%
Global Net Lease logo
Global Net LeaseGNL
$632K+18.6%
Global Net Lease logo
Global Net LeaseGNL
$632K+18.6%
Essential Properties Realty Trust logo
Essential Properties Realty TrustEPRT
$665K+117%

Other financials

Income statement

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Revenue$161.3M+43.5%
Gross profit$49.7M
Net income$89.0M+29.8%
EPS (diluted)$0.38+8.6%

Balance sheet

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Cash & equivalents$49.3M-83.9%
Total debt$1.2B-1.2%
Total equity$4.5B+36.1%
Total assets$5.9B+27.3%

Cash flow

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Operating cash flow$134.7M+33.7%
CapEx$440.3K
Free cash flow$98.1M+60.6%

Valuation

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Market cap$9.72B+55.3%
Enterprise value$10.87B+51.6%
P/E27.3×-1.1×
P/S17×+0.2×

Profitability

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Gross margin100%
Net margin62.2%+3.3pp
FCF margin82.3%-0.1pp

Returns & leverage

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Return on equity9.1%+0.7pp
Debt / equity0.3×-0.1×

Where this comes from

Reported directly by CareTrust in its filing.

Tagged under the XBRL concept ctre:LeaseIncentiveAmortization.

The source filing: CareTrust’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:07 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001628280-26-054284
Rental IncomeFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Contractual rent due(1)$114,026$83,348$224,429$154,124
Straight-line rent4,1841,7608,0271,753
Amortization of lease incentives(49)(48)(98)(97)
Amortization of above and below-market lease intangibles44973431,899
Total$118,205$86,033$232,401$157,679

Item 1. Financial Statements.

FAQ

What is CareTrust's amortization of lease incentive?
CareTrust (CTRE) reported amortization of lease incentive of $49K in Q2 2026.
How has CareTrust's amortization of lease incentive changed year-over-year?
CareTrust's amortization of lease incentive increased by 2.1% year-over-year, from $48K to $49K.
What does amortization of lease incentive mean?
Amortization of lease incentive as reported by CareTrust REIT, Inc.

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